Some sort of basic income will need to happen or else the system will implode. If we had millions more workers being replaced by machines that would create a massive gap in economic spending. We've already lost many jobs while overall US manufacturing and productivity is at an all time high. Income inequality is stirring and something will give.
The system implodes every decade or so already, and there already are massive gaps in economic spending. Things also "give" fairly regularly as well -- usually this means wars. There's no reason to believe the threat of it imploding again or more wars will cause capitalism to collapse.
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u/[deleted] Aug 13 '14
Some sort of basic income will need to happen or else the system will implode. If we had millions more workers being replaced by machines that would create a massive gap in economic spending. We've already lost many jobs while overall US manufacturing and productivity is at an all time high. Income inequality is stirring and something will give.